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Hi Fellow Sommersoft forumites! I was on a holiday at the great ocean road and on my way back home we went through clifton springs... while it might be away from the city where i work it looks like a good investment property with a future potential of becomming a primary residence down the...

Hi All, since i now work in the city , i was thinking of moving from fr.north to St.kilda.. i saw a 1 br. apartment very attractive price and location. and i dont need much as i am only me. so i am going to rent out my 3br in fr.north. my house in fr.north is cost neutral at the moment. so i...

Hi Forumites! I got another of these dreaded letters ... your interest has risen due to creditcrunch yada these are you new payments yada. i thought we were out of the worst part of the storm , but i guess wizard just likes to earn more $? , anyway im 1/4 variable 3/4 fixed. so its ok...

Hi Forumites! last year i was having a look around melbourne's cheap suburbs around 200k.. after i went to melton and wasnt too interested in anythere i was on the look for something else , and i noticed Werriibee , semi-close to the city and very reasonable in price , 180 for a 3br seemd...

just a quick questions to the mortage brokers of this great forum! i have a house (which i live in) , i would like to buy my first IP .. house is valued at 225k , i owe 136k , i earn avg. $1000/week net. im with wizard on a good fixed deal till 2009/2011 (6.49/6.79) so i would like to...

the story so far , i have my IPOR and im interested in getting my first IP ... werrribee or something around there... i have homeloan with Wizard owing 136k (1/4 at 6.49% fixed till 2009 1/2 at 6.79 fixed till 2011 and 1/4 variable 8.02 :-( ) .... property valued to between 210-225k. so i...

could i please ask someone in this great forum to tell me what kind of % yield do you need to think its a good deal to go ahead with? so i have been looking into werribee a bit , low prices about 200k which is just my budget! can buy an ok 3 Br House but then again ...werriibeee might not go...

Hi Forumites! , just leaving it up to you wise people out there in forum land. im very much in doubt about this project ... buying my first ip... here is the facts... i earn $1000/wk Net. i live alone (well i have gf but she dosnt live me..yet) , no kids. mid 30 yrs old , IT job. i...

Hii Forumites? i have a budget of 200k and i've been wondering why is Werriibee so cheap? it reminds me of when i bought in frankston north , is it a good area for renting out and hows the locals there? ,a lot of problems or the ripple of growth just forgot this town? its pretty close to the...

Hi there fellow Somersoft forum people :-) i was checking out corio and it seems like a nice price range when you are on a limited budget and on the prowl for your first IP. i was lucky enough to ride on the Frankston N wave before it even became a wave so i have about 70k equity in my...

Hi there, im looking for the best deal reg. financing my first IP in the Elizabeth area,SA. , it reminds me of my own house in frankston north , i bought it 2 yrs ago for 176k (3 br! brick) and no one wanted to live in Fr.North because of the bad rep , well look at us now! :-) , my question is ...